2, HEATH ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6PJ - £550,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 HEATH ROAD is a small extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £550,000 in August 2021, which was around 8% above the average August 2021 detached price in the Fareham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

2 HEATH ROAD Sold Prices

Land registry data shows three sales for 2 HEATH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. One of the three 2 HEATH ROAD sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 20 AUG	£550,000	£507,575	8% above HPI
2003 13 JUN	£261,500	£264,542	1% below HPI
1995 21 DEC	£83,000	£102,213	19% below HPI

2 HEATH ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 2 HEATH ROAD sales between December 1995 and August 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 HEATH ROAD?

2 HEATH ROAD is 103m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 2 HEATH ROAD lies on this distribution: 36% of detached houses are smaller than 2 HEATH ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

2 HEATH ROAD: Plot and Title Map

2 HEATH ROAD sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 2 HEATH ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 HEATH ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 HEATH ROAD?

2 HEATH ROAD is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 2 on HEATH ROAD.